Nabtesco Corp Coefficient Of Variation vs. Sortino Ratio

3N8 Stock   17.00  0.20  1.16%   
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Nabtesco Corp has current Coefficient Of Variation of 890.01. Coefficient of Variation (or CV) is a normalized measure of dispersion of a probability distribution. It is also known as the variation coefficient or simply unitized risk. The absolute value of the Coefficient of Variation is sometimes called Relative Standard Deviation (or RSD), which is expressed as a percentage.

Coefficient Of Variation

 = 

STD

ER

 = 
890.01
ER = Expected return on investing in Nabtesco Corp
STD =   Standard Deviation of returns on Nabtesco Corp

Nabtesco Corp Coefficient Of Variation Peers Comparison

Nabtesco Coefficient Of Variation Relative To Other Indicators

Nabtesco Corp is rated fifth in coefficient of variation category among its peers. It is currently under evaluation in sortino ratio category among its peers fabricating about  0.0001  of Sortino Ratio per Coefficient Of Variation. The ratio of Coefficient Of Variation to Sortino Ratio for Nabtesco Corp is roughly  10,230 
CV is the measure of price and return dispersion, sometimes known as unitized risk or the variation coefficient. The CV is derived from the ratio of the standard deviation to the non-zero mean and the absolute value is taken for the mean to ensure it always positive. It is sometimes expressed as a percentage, in which case the CV is multiplied by 100. Coefficient of Variation for a single equity instrument describes the dispersion of price movement or daily returns. The higher the Coefficient of Variation, the greater the dispersion of prices, and the more riskier is the asset.
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